According to a study published by the Czech Statistical Office, the overall size of the public sector in the Czech Republic, in terms of the share on total value added, has declined by 0.4 over last 15 years. Among the individual consumer goods, public producers take a predominant part in the provision of educational services, healthcare or in supplying electricity or gas. Also, revenues of Czech 100 biggest companies reached 2.6 trillion CZK and their profits exceeded 188 billion CZK. Among the top five in terms of revenues in 2016 are ŠKODA AUTO, a. s. car producer, ČEZ, a. s. state-owned energy company, AGROFERT, a. s. owned by the Czech Finance Minister, energy producer Energetický a průmyslový holding, a.s. and FOXCONN CZ s.r.o technology company.

Michal Nebeský of Citibank, re-elected to serve as AmCham president in 2017-18. He is joined on the Executive Committee by Ladislav Haškovec of Honeywell, Jan Brázda of Constellation, Michal Chour of Radisson Blu Alcron, Sanjiv Suri of Zátiší Group and Václav Novotný of Cordia Consulting. Our year-end report can be downloaded HERE. Projects for Prague, key economic infrastructure developments, unveiled by Bert Hesselink of CBRE, Chair of the AmCham Real Estate Council. Panel discussion on Future of Research feat. Vladimír Mařík of CertiCon, Andrea Kirschner of Eaton and Chad Brown, US Researcher held.